L to r: Norman Niami, Insurance Actuary, GAD;
Elena Veprauskaite; Harvey Duckers,
Head of Actuarial Insurance, GAD.
Ms Elena Veprauskaite, 25, has recently completed her MSc degree in Economics and Business Finance. The Government Actuary sponsorship will fund Ms Veprauskaite’s PhD research to examine the linkage between reserving, reinsurance and earnings management in the UK non-life insurance industry, and will meet project-specific costs including the cost of data gathering, conference attendance and hardware/software expenses. The research will be supervised by Professor Mike Adams and Professor Steve Cook in the School of Business and Economics.
During her doctorate, Ms Veprauskaite will also be funded by the Government Actuary’s Department to attend work placements at their offices in London and to attend relevant training courses.
Ms Veprauskaite’s principal supervisor Professor Mike Adams said: “Elena’s research has potentially important public policymaking implications, particularly in terms of solvency regulation and corporate taxation. Swansea University’s School of Business and Economics is delighted that the Government Actuary’s Department have agreed to support Elena’s PhD and I am sure that the relationship will be mutually beneficial.”
Ms Veprauskaite said: “I am excited to be starting my PhD at Swansea University. I am very grateful to the Government Actuary’s Department for their generous support and I’m appreciative of the great help and guidance that I continue to receive from Professor Adams.”
Mr Harvey Duckers, Chief Actuary, Insurance at the Government Actuary’s Department, said “We look forward to working with Elena. Her research will be a valuable addition to the thinking on solvency regulation and taxation of insurance companies, in the UK and overseas.”
For further information about the School of Business and Economics, please visit: http://www.swan.ac.uk/business/